3118 S 337th Street, Federal Way, WA 98001

$1,199,950
2
BD
2
BA
1,160
SqFt

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Listing courtesy of Keller Williams Realty PS.

List Price
$1,199,950
Status
ACTIVE
MLS#
2569988
Days on Market
0
Bedrooms
2
Finished SqFt
1,160
Area Total SqFt
1160
Annual Tax Ammount
5919
Internet Provider
xfinity
Lot Size (sq ft)
31,919
Fireplace
Yes
Sewer
Available, Septic Tank

Property Description

Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting.

Additional Information

Community
North Lake
Style
10 - 1 Story
Basement
None
Year Built
1942
Total Covered Parking
2
Waterfront
Yes
Waterfront Description
Lake, No Bank
View
Lake, Territorial
Roof
Composition
Site Features
Cable TV, Dock, Fenced-Partially, Gas Available, Hot Tub/Spa, RV Parking
Tax Year
2026
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Skylight(s), Vaulted Ceiling(s), Water Heater
Flooring
Ceramic Tile, Laminate
Driving Directions
Use Phone GPS
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Type
Electric
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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